Filing Details

Accession Number:
0001209191-21-071109
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-23 17:11:31
Reporting Period:
2021-12-21
Accepted Time:
2021-12-23 17:11:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1393584 American Well Corp AMWL Services-Business Services, Nec (7389) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1824129 Ido Schoenberg C/O American Well Corporation
75 State Street, 26Th Floor
Boston MA 02109
Chairman, Co-Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2021-12-21 269,230 $6.32 2,808,501 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 464,526 Indirect By wife
Footnotes
  1. The sale reported in this Form 4 was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2021, as amended on November 18, 2021. A portion of the sale reported in this Form 4 was made in order to pay the tax liability arising from the vesting and settlement of restricted stock units on December 21, 2021. Furthermore, the reporting person had previously sold shares between April and October of 2021 (the "2021 RSU Sales"), pursuant to the terms of a Rule 10b5-1 trading plan, in order to pay the tax liabilities arising from the vesting and settlement of restricted stock units between that same period (the "2021 RSU Vests"). The 2021 RSU Sales were not sufficient to cover the reporting person's entire tax liabilities arising from the 2021 RSU Vests. The remaining portion of the sale reported in this Form 4 was made in order to pay the balance of the reporting person's cumulative tax liabilities arising from the 2021 RSU Vests.